Adobe to step up investments

By Our Special Correspondent

NEW DELHI, JAN 23. Adobe Systems today announced its intention of investing $50 million in the country over the next five years. In the near future, the company intends investing $10 million in expanding its R & D centre in Noida, on the capital's outskirts.

The Noida facility will be the new home to all Adobe employees. The centre will continue to develop new and innovative technologies for Adobe products in the date import/export, mobile device and image and video compression areas. ``We are pleased with Adobe's expanding presence in India and believe that our increased investment in the region illustrates our commitment to this part of the world,'' said Mr. Bruce Chizen, the visiting CEO and President of Adobe.

Mr. Chizen is the fourth CEO of a world major in the IT sector after Mr. Craig Barrett of Intel, Mr. Bill Gates of Microsoft and Mr. John Chambers of Cisco to have visited India in the last one year. Like his peers, Mr. Chizen also announced a major upgrade in his company's India operations. Adobe builds software solutions for network publishing including web, print, video, wireless and broadband applications. Its graphic design, imaging, dynamic media and authoring tools have been well received worldwide.

Mr. Chizen pointed out that the Adobe campus in India intended focussing on three main technology areas - data interchange technology, portable document format on mobile devices and image processing and understanding. The company has now about 90 engineers in India and plans to double that number in the coming years. ``The current expansion plan underscores Adobe's commitment to the India campus and is an affirmation of Adobe's belief that world-class software products and innovative technologies can be developed from India,'' pointed out the Adobe India Managing Director, Mr. Naresh Gupta.

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Section  : Business
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